LatAm Lithium Corp. (TSXV: LALI) announced that shareholders approved all management resolutions at its Annual General and Special Meeting held on October 22, 2026, in Vancouver. Among the key outcomes, shareholders authorised a three-for-one share consolidation — a move that reduces the number of shares outstanding and may signal efforts to strengthen the company's capital structure. Investors in the junior lithium and gold exploration company will be watching for TSX Venture Exchange acceptance of the consolidation before it takes effect.

Key Points

  • LatAm Lithium Corp. (TSXV: LALI, OTC Pink: PFFOF, FSE: POTA) held its Annual General and Special Meeting on October 22, 2026.
  • Shareholders approved all management resolutions, including a three-for-one share consolidation of issued and outstanding common shares.
  • Four directors were elected: Rodney Campbell, Jeremy Wright, Stephen J. Wilkinson, and Brian Crawford.
  • Investors should watch for TSX Venture Exchange acceptance of the share consolidation before it is implemented.

Three-for-One Share Consolidation Approved by LatAm Lithium Shareholders

The most significant resolution passed at the AGSM was a special resolution authorising the consolidation of LatAm Lithium's issued and outstanding common shares on a three-to-one basis — meaning every three pre-consolidation shares will become one post-consolidation share. The company noted in the announcement that implementation of the consolidation remains subject to TSX Venture Exchange acceptance. The timing of that regulatory approval was not disclosed in the release. Share consolidations at junior mining companies are commonly used to adjust share price levels and meet exchange listing requirements, though the company did not specify its rationale in the announcement.

Board Composition Set at Four Directors Following AGSM Vote

Shareholders set the number of directors at four and re-elected Rodney Campbell, Jeremy Wright, Stephen J. Wilkinson, and Brian Crawford to the Board of Directors. Rodney Campbell, who serves as Interim Chief Executive Officer, signed the release on behalf of the board. Manning Elliott LLP, Chartered Accountants, was re-appointed as the company's auditor for the ensuing year. The company's rolling Stock Option Plan and Equity Incentive Plan were also approved by shareholders at the meeting, providing the board with flexibility in compensating officers and other eligible participants.

LatAm Lithium's Dual Focus on Latin America Lithium and Ontario Gold

LatAm Lithium is a Vancouver-based exploration company pursuing mineral resource projects across Latin America, consistent with its lithium-focused mandate. The company also holds a 100% interest in the South of Otter gold project in Red Lake, Ontario, situated 9 kilometres east of the Great Bear project owned by Kinross Gold Corp. The release states this proximity, which investors may view as a contextual reference point for the project's location. The company commenced a 2026 exploration programme at the South of Otter project, as disclosed in a separate prior announcement.